Press Detail

Facing Shutdown, Cook County Board Ready to Vote on Budget Cuts, Tax Hikes

Posted on February 26, 2008

The Bond Buyer

In this article about the gridlock at the Cook County Board over the FY2008 budget, the Civic Federation's testimony before the board against any proposed tax hikes is quoted. Civic Federation President Laurence Msall said raising the county sales tax either 2% or 1.25% would give Chicago one of the highest combined sales tax rates in the nation, which would have a detrimental economic impact.